Difference between loan and renew
Definitions
noun
- the temporary provision of money (usually at interest)
- a word borrowed from another language; e.g. `blitz' is a German word borrowed into modern English
verb
- give temporarily; let have for a limited time
Examples
I think a lot of players from bigger clubs have spent time on loan at smaller clubs and it has really helped.
Stated income loans only deserve the moniker "liar loans" because they were abused by banks and given to borrowers who lacked the income to qualify full doc.
Net interest income dropped to $256.4 million, primarily due to the low market-interest rates that resulted in lower yields on mortgage-related interest-earning assets as customers refinanced to lower mortgage rates and new loans and asset purchases were at the current low market interest rates.
Definitions
verb
- reestablish on a new, usually improved, basis or make new or like new
- cause to appear in a new form
Examples
Elizabeth had been a good deal disappointed in not finding a letter from Jane on their first arrival at Lambton; and this disappointment had been renewed on each of the mornings that had now been spent there; but on the third her repining was over, and her sister justified, by the receipt of two letters from her at once, on one of which was marked that it had been missent elsewhere.
Instead, the thin sandy developments defining the sequence boundaries suggest sandy sabkhas and sand sheets supplied by this undersaturated wind system and only preserved as a consequence of renewed lake-level rise.
They renewed their membership
